The goal for a number of military members, and veterans is to invest in a home, especially valuable ownership. According to some statistics, there are about 75 percent of military personnel that said buying a home is one of their goals after they will return from their military service.
You also need to know that these men and women will have unique needs than the regular people. That is why a real estate agent must know how to find the perfect home for a military member or veteran.
It is important for you to know that military members and veterans can get a VA loan. The VA loans offer flexible credit standards, low rates, and many benefits that you will not get from the usual mortgage.
The veterans and military service members must see to it that they will hire the service of professional and experienced real estate agents.
The real estate agents are really important people in the process of buying new homes for a lot of people, but it is important for military veterans to look for experienced real estate agents. Military veterans need real estate agents that will help them take advantage of their VA loan privileges and will help them look for the house that can provide their unique needs. The real estate agents need to make sure that they are aware of all the benefits and rights in the home buying process of these military veterans because a lot of them don’t know about the things that they are qualified in.
When a service member looks for the right real estate agent, they look for someone who can help them navigate the complex process of buying a home. The VA loan offers unique benefits, but also has unique requirements for properties purchased through it, according to the U.S. Department of Housing and Urban Development. For instance, any mechanical systems must be checked to ensure they are safe to use and they have a reasonable lifespan. Or, homes that are heated with a wood-burning stove must also have a secondary, conventional heating system for any areas in the home that has plumbing. Knowing these requirements in advance will benefit agents who plan on working with military service members find a home.
The real estate agents also need to know the rules when working with the military veterans if ever they want to help them find a new home aside from knowing the benefits and requirements. There are also places wherein it is not legal to ask military service members if they have served because they are considered as protected classes.
The real estate agents can start helping the military members claim the benefits that they deserve if they will disclose their military affiliations willingly. Another way for you to know if the military service members are eligible for the benefits is to know if they have been receiving monthly checks from the VA.
The real estate agents also need to dig deeper in order for them to know what the military service members are looking for in a house. It is important to take note that the military service members only have a little time to find the home they want to buy.
Why not learn more about Sales?
The Essentials of Realtors – 101